Trading activities in the Nigerian Equities Market closed positive today, Friday (12/01/2024) by 0.54% as the NGX-ASI increased to 83,042.96 from 82,597.04 recorded at the close of the previous trading day; indicating a YTD return of +11.06%.
The market performance for the week increased by 4.24% to 83,042.96 from 79,664.66 recorded at the beginning of the week.
Similarly, the market capitalization increased today by N243.98 trillion to N45.442 trillion from N45.199 trillion recorded at the close of the previous trading day, While the market turnover decreased to N9.098 billion from N14.414 billion.
The market breadth was positive at 2.47X as 47 stocks advanced and 19 stocks declined, while 51 stocks remained unchanged. SUNUASSUR topped the gainers’ list with +10.00%, while IMG declined by -9.15% to lead the losers’ chart.
TRANSCORP recorded the highest volume while ACCESSCORP recorded the highest value for the day.
Read: NGX Price List for Friday, 12th January 2024
MARKET STATISTICS
| CAP | N45,442,498,239,328.21 | One Day (ASI CHG) | +0.54% |
| Index | 83,042.96 | One Week (ASI CHG) | +4.24% |
| Volume | 600,634,897 | One Month (ASI CHG) | +14.61% |
| Value | N9,097,775,553.06 | Six Months (ASI CHG) | +32.72% |
| Deals | 11,697 | 52 Weeks (ASI CHG) | +59.55% |
| Gainers | 47 | Losers | 19 |
| Unchanged | 51 | Total | 117 |
| YTD Returns | +11.06% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.54 |
| NGX30 | 0.54 |
| NGXBNK | 0.54 |
| NGXCNSMRGDS | 2.36 |
| NGXINDUSTR | -0.07 |
| NGXINS | 0.89 |
| NGXLOTUSISLM | 1.16 |
| NGXOILGAS | 0.19 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| SUNUASSUR | 1.30 | 1.43 | 0.13 | 10.00 |
| MBENEFIT | 0.70 | 0.77 | 0.07 | 10.00 |
| IKEJAHOTEL | 7.83 | 8.61 | 0.78 | 9.96 |
| UNILEVER | 16.60 | 18.25 | 1.65 | 9.94 |
| CADBURY | 21.90 | 24.05 | 2.15 | 9.82 |
| LASACO | 2.26 | 2.48 | 0.22 | 9.73 |
| JAPAULGOLD | 1.86 | 2.04 | 0.18 | 9.68 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | % Change |
| IMG | 14.75 | 13.40 | -1.35 | -9.15 |
| UPDC | 1.79 | 1.66 | -0.13 | -7.26 |
| OMATEK | 1.00 | 0.95 | -0.05 | -5.00 |
| CUTIX | 2.80 | 2.66 | -0.14 | -5.00 |
| FTNCOCOA | 2.10 | 2.00 | -0.10 | -4.76 |
| NEIMETH | 1.98 | 1.90 | -0.08 | -4.04 |
| AIICO | 1.30 | 1.25 | -0.05 | -3.85 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| TRANSCORP | 13.85 | 883 | 54,438,251 |
| ACCESSCORP | 28.00 | 613 | 44,977,913 |
| UBA | 31.00 | 672 | 33,533,276 |
| UNIVINSURE | 0.37 | 111 | 33,304,037 |
| STERLINGNG | 6.44 | 354 | 33,206,687 |
| ZENITHBANK | 43.00 | 578 | 26,983,605 |
| FIDELITYBK | 13.40 | 296 | 26,862,403 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| ACCESSCORP | 28.00 | 613 | 1,270,208,683.05 |
| ZENITHBANK | 43.00 | 578 | 1,167,974,019.30 |
| UBA | 31.00 | 672 | 1,062,620,255.65 |
| TRANSCORP | 13.85 | 883 | 752,738,211.17 |
| SEPLAT | 2310.00 | 61 | 663,737,394.90 |
| GTCO | 46.30 | 356 | 461,137,189.85 |
| FIDELITYBK | 13.40 | 296 | 364,732,670.95 |
OUTLOOK
The Equities market rounded up the week’s trading on a very impressive positive note. This is attributed to increased buying interest in most of the stocks. We expect market’s positive performance to dominate market sentiment in the coming week.
